| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Cale Makar | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Quinn Hughes | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Zach Werenski | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Adam Fox | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Rasmus Dahlin | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Evan Bouchard | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Lane Hutson | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Roman Josi | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Josh Morrissey | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Miro Heiskanen | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Victor Hedman | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Thomas Harley | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Shea Theodore | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Jake Sanderson | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Brock Faber | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Jaccob Slavin | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Noah Dobson | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Charlie McAvoy | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Jackson LaCombe | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Luke Hughes | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Erik Karlsson | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Mikhail Sergachev | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Rasmus Sandin | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Neal Pionk | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Morgan Rielly | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Mike Matheson | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Cam Fowler | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Philip Broberg | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Dougie Hamilton | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Jared Spurgeon | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This Kalshi market asks which player will win the NHL James Norris Memorial Trophy, the annual award for the league's top defenseman. It matters because it aggregates public expectations about who voters will name based on regular-season performance.
The James Norris Memorial Trophy has been awarded annually since the 1950s to the defenseman adjudged to be the best in the NHL; it is named for James E. Norris. The winner is determined by ballots submitted by members of the Professional Hockey Writers' Association after the regular season, so season-long statistics, role, and narrative typically drive the result.
Market prices represent the collective view of traders and update as new information (injuries, trades, stat trends, media narratives) arrives. They are signals of expectation, not guarantees, and should be read alongside underlying player performance and voting procedures.
The market's close time is listed on the Kalshi market page and is currently TBD; the actual NHL award is announced after regular-season voting is completed. Kalshi resolves the market based on the official NHL announcement, so watch the market page for the updated close time.
Members of the Professional Hockey Writers' Association cast the ballots that determine the Norris Trophy. Because media voters weigh both counting stats and qualitative impressions, media narratives and widely reported statistics can materially influence market prices.
No — the Norris Trophy is awarded for regular-season performance and playoff play is not part of voters' considerations. Markets will therefore focus on regular-season outcomes and late-season developments leading up to voting.
Kalshi resolves based on the official NHL announcement. If the NHL declares co-winners or a tie, the market will follow Kalshi's published resolution rules for multi-winner outcomes; consult the market's rules page for exact handling.
Key movers include major injuries to contenders, trades or role changes, sudden scoring or defensive-stat trends, publicized voter endorsements or lists, and advanced-metric shifts (e.g., expected goals or possession numbers) that alter perceptions of a candidate's season.